Ministry of Finance allocates state bonds worth 500 million drams
09:43, 26 May 2015
YEREVAN, MAY 26, ARMENPRESS: The Ministry of Finance conducted an auction of allocation of short-term AMGT13248156 state (treasury) bonds of 13-week maturity period. As Armenpress was informed from the Department of Information and Public Relations of the Ministry of Finance of the Republic of Armenia, the volume of the bonds to be allocated amounted to AMD 500 million, and the demand reaching to AMD 1 billion, of which competitive AMD 980 million and non-competitive AMD 20 million.
The volume of the bonds totaled to AMD 500 million, the proceeds from the allocation amounted to AMD 484 million 757 thousand 705. The weighted average yield is 12.4390%, the marginal allocation yield is 12.4400 percent.
Three agents participated in the auction.